Lasertec (OTCMKTS:LSRCY) Sees Large Volume Increase – Still a Buy?
by Sarita Garza · The Markets DailyLasertec Co. (OTCMKTS:LSRCY – Get Free Report) saw unusually-high trading volume on Tuesday. 165,170 shares changed hands during trading, an increase of 64% from the previous session’s volume of 100,975 shares. The stock last traded at $50.30 and had previously closed at $49.77.
Analysts Set New Price Targets
Separately, Zacks Research cut shares of Lasertec from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Hold rating. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.
View Our Latest Report on Lasertec
Lasertec Stock Up 1.0%
The stock has a 50-day simple moving average of $49.18 and a 200 day simple moving average of $52.25.
Lasertec Company Profile
Lasertec Corporation is a Japan-based manufacturer of inspection and measurement equipment used in the semiconductor and flat-panel display industries. The company develops systems that help manufacturers detect defects, measure critical dimensions and evaluate the quality of wafers, photomasks and other precision components used in electronics production.
Lasertec’s product portfolio includes semiconductor mask inspection and review systems, wafer inspection and metrology equipment, and specialized solutions for extreme ultraviolet (EUV) lithography masks.